Lantern LNG Holding Company, LLC (Lantern LNG), a development company focused on building innovative nearshore LNG liquefaction facilities on fixed platforms, today announced its intention to use ...
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QatarEnergy has declared force majeure on LNG exports after shipping through the Strait of Hormuz halted. Restarting LNG production could take weeks or months, as plants must shut down when storage ...
Iranian drone strikes forced QatarEnergy to halt production at Ras Laffan and Mesaieed, effectively taking one-fifth of global LNG export capacity offline in a single geopolitical event. European gas ...
The Strait of Hormuz closure could have larger long-term impacts on liquefied natural gas than crude, according to Rapidan Energy. Roughly 20% of LNG flows through the Strait — the majority of which ...
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Gas crisis dwarfs oil shock as LNG supply breaks
Until less than a month ago, most energy analysts were warning about a glut in oil and a likely glut in LNG as new capacity came online in the United States. Glut was the word that described global ...
The Strait of Hormuz has remained effectively closed for 16 days, disrupting 20% of global crude and LNG flows. Oil prices are up ~50% and European and Asian natural gas prices ~60% since the closure, ...
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